Karat Packaging KRT reported its Q2 earnings results on Thursday, August 11, 2022 at 04:10 PM.
Here's what investors need to know about the announcement.
Earnings
Karat Packaging missed estimated earnings by 8.11%, reporting an EPS of $0.34 versus an estimate of $0.37.
Revenue was up $20.36 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.09 which was followed by a 13.55% increase in the share price the next day.
Here's a look at Karat Packaging's past performance:
Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
---|---|---|---|---|
EPS Estimate | 0.27 | 0.29 | 0.33 | |
EPS Actual | 0.36 | 0.32 | 0.19 | 0.50 |
Revenue Estimate | 101.43M | 95.65M | 102.09M | 91.33M |
Revenue Actual | 105.41M | 91.33M | 102.71M | 94.53M |
To track all earnings releases for Karat Packaging visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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